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PickStocks

02/17/21 4:24 PM

#648704 RE: johnlconfer #648703

The 4b was used to pay off the creditors debt of 7 billion. That is so done with. We are moving forward. We should be focusing on two issues, the cash dividend minimum 31 quarters and capital trusts and their catch-up the 2nd coop restructuring and coupon. However you will not see it until 1 is complete. Unless the greed kicks in
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Boris the Spider

02/17/21 6:04 PM

#648708 RE: johnlconfer #648703

John, that 4B should have come back to WMI and the shareholders.
It vanished into thin air and Walrath did nothing.

Just like when Dimon bragged about finding that extra 30B commercial properties money that he called a bonus.

Walrath should have immediately brought that back into court. That should have gone to the shareholders.

So much corruption in this case. But what did we expect with a judge appointed by Holder, a friend of Jamie boy.